eBay to repatriate $9bn cash to US

Discussion in 'Industry News' started by MIG-31, Apr 30, 2014.

  1. MIG-31

    MIG-31 HardwareHeaven News Mod Staff Member

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    E-commerce giant eBay says it is repatriating almost $9bn (£5.3bn) of its cash held overseas back to the US, for potential acquisitions.
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    Source: BBC News (Tech)
     
  2. The_Neon_Cowboy

    The_Neon_Cowboy Well-Known Member

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    say what? I just kid of find it funny the company (via PayPal) that was and is helping this IRS locate offshore bank accounts holds that kind of money offshore lol
     
  3. Tyrsonswood

    Tyrsonswood HH's curmudgeon

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    They probably thought it was a good idea until they found their own offshore accounts.


    Oops
     
  4. Liqourice

    Liqourice Well-Known Member

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    Common practice to point fingers at others to avoid being detected.
     

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